Insurance: Difference between revisions

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== See also ==
== See also ==
* [[After the event insurance]]
* [[Assurance]]
* [[Assurance]]
* [[Captive insurance company]]
* [[Captive insurance company]]
* [[Chartered Insurance Institute]]
* [[Chartered Insurance Institute]]
* [[Credit insurance]]
* [[Deposit insurance]]
* [[Deposit insurance]]
* [[European Insurance and Occupational Pensions Authority]]  (EIOPA)
* [[European Insurance and Occupational Pensions Authority]]  (EIOPA)
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* [[ILS]]
* [[ILS]]
* [[Insurable]]
* [[Insurable]]
* [[Insurance Capital Standard]]
* [[Insurance risk]]
* [[Insurance risk]]
* [[Insure]]
* [[Insure]]
* [[Lender of last resort]]
* [[Lender of last resort]]
* [[Liability insurance]]
* [[Liquidity insurance]]
* [[Liquidity insurance]]
* [[National Insurance]]
* [[National Insurance]]
* [[Net-Zero Insurance Alliance]]
* [[Option]]
* [[Option]]
* [[Premium]]
* [[Premium]]
* [[Price walking]]
* [[Price walking]]
* [[Principles for Sustainable Insurance]]
* [[Regulation]]
* [[Regulation]]
* [[Reinsurance]]
* [[Reinsurance]]
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* [[Trade credit insurance]]
* [[Trade credit insurance]]
* [[Transfer]]
* [[Transfer]]
* [[Trustee liability insurance]]
* [[Underwriting]]
* [[Underwriting]]


[[Category:Financial_risk_management]]
[[Category:Financial_risk_management]]

Revision as of 10:54, 6 July 2022

1. Risk management - transferring & pooling risk - commercial.

A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.

Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.


2. Risk management - transferring & pooling risk - commercial.

The act or structure of providing insurance on a commercial basis, or of buying it.


3. Risk management - market stability - regulation.

The actions or structures of a regulator or supervisor to ensure market stability, whether or not they are provided on commercial terms.

For example, the liquidity insurance provided by the Bank of England in acting as a lender of last resort for banks and other financial market participants.

Retail deposit insurance is another example.


See also